VANCOUVER – The third quarter financial performance of Teck Resources included a $1.3-billion profit attributable to shareholders. Compare that to the same profit during Q3 2017 of $548 million. However, adjusted profit attributable to shareholders declined to $466 million or…

GEORGIA – With the upcoming installation of a GIW Minerals TBC-92 pump, GIW Industries will officially have hydrotransport pumps in service at all operating Canadian oilsands mines. This landmark project is taking place at the site of a customer who…

Franco-Nevada (TSX: FNV; NYSE: FNV) and Continental Resources (NYSE: CLR) have struck a strategic relationship to jointly buy mineral rights in the Scoop and Stack oil & gas plays in Oklahoma. Franco-Nevada says it will contribute about US$220 million for the acquisition of…

ALBERTA – Suncor Energy of Calgary is making plans to restart Syncrude production after a site wide power disruption on June 20. The preliminary investigation indicated the cause was a transformer trip in the Syncrude power house. The outage resulted…

ALBERTA – Toronto-based Sherritt International says its Alberta-based technologies division in Fort Saskatchewan has completed a successful pilot scale run of a proprietary process to upgrade bitumen. The process could eliminate the need to add diluent , a costly thinning…

CALGARY – Titanium Corporation and Canadian Natural Resources (CNR) are reportedly teaming up to recover titanium and zircon from CNR’s oil sands tailings. The story was originally broken by CBC News. The two companies have proposed building a $400-million plant…

ALBERTA – Suncor Energy of Calgary has moved its planned maintenance at Syncrude near Fort McMurray to March 15 rather than the previously scheduled April start. The change will permit the company to address an unrelated issue that it says…

ALBERTA – Suncor Energy of Calgary is increasing its interest in the Syncrude oil sands joint venture to 58.74% from 53.74%. The company has agreed to pay $920 million for the 5% interest held by Mocal Energy. Subject to customary…

ALBERTA – Suncor Energy said on Jan. 30, 2018, that it will phase in autonomous truck haulage at all the projects it operates, starting with the North Steepbank oil sands mine. Over the next six years, the program will be…

ALBERTA – Suncor Energy announced Jan. 29, 2018, that operations at the Fort Hills oil sands project 90 km north of Fort McMurray, is ramping up toward 90% of its 194,000 bbl/day capacity by the end of the year. “With…